SHE:300756 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	476.65	439.94	748.12	614.26	593.3	674.72
Trading Asset Securities	17.03	16.01	140.13	215.48	79.24	40
Cash & Short-Term Investments	493.68	455.95	888.25	829.75	672.55	714.72
Cash Growth	-39.03%	-48.67%	7.05%	23.37%	-5.90%	-25.80%
Accounts Receivable	147	152.96	172.49	191.71	130.37	175.26
Other Receivables	15.06	13.65	8.5	3.09	3.46	4.85
Receivables	162.07	166.61	180.99	194.8	133.83	180.11
Inventory	374.77	356.11	302.29	352.1	537.96	440.92
Prepaid Expenses	-	-	0.02	0.01	-	-
Other Current Assets	90.16	84.97	73.28	61.73	45.73	66.21
Total Current Assets	1,121	1,064	1,445	1,438	1,390	1,402
Property, Plant & Equipment	749.96	748.47	646.47	425.58	316.84	242.86
Long-Term Investments	70.03	77.93	59.7	62.15	59.62	59.81
Goodwill	-	-	-	1.65	3.72	8.47
Other Intangible Assets	109.73	111.15	117.08	122.71	128.08	132.64
Long-Term Deferred Tax Assets	32.27	32.56	32.74	25.47	23.19	18.87
Long-Term Deferred Charges	31.81	32.54	38.25	14.44	2.11	3.02
Other Long-Term Assets	265.85	263.86	18.04	20.03	22.32	9.24
Total Assets	2,380	2,330	2,357	2,110	1,946	1,877
Accounts Payable	155.24	182.89	162.51	77.29	41.76	56.63
Accrued Expenses	9.53	18.45	19.57	24.2	13.57	25.69
Short-Term Debt	77.48	52.59	49.86	-	38.4	-
Current Portion of Long-Term Debt	5.22	5.43	61.16	1.16	1.16	1.16
Current Portion of Leases	-	-	1.58	0.81	1.29	0.6
Current Income Taxes Payable	12.84	0.98	0.15	0.02	1.45	-
Current Unearned Revenue	563.54	545	586.83	503.03	683.59	593.48
Other Current Liabilities	7.5	6.75	8.59	20.18	6.78	10.37
Total Current Liabilities	831.35	812.07	890.26	626.7	787.99	687.93
Long-Term Debt	-	-	-	60	60	60
Long-Term Leases	38.74	38.85	52.96	8.65	0.77	3.27
Long-Term Unearned Revenue	16.3	16.3	12	-	-	-
Long-Term Deferred Tax Liabilities	2.99	3.2	2.27	2.33	6.52	10.03
Other Long-Term Liabilities	0.64	0.17	0.04	2.91	0.07	-
Total Liabilities	890.02	870.6	957.53	700.59	855.35	761.23
Common Stock	157.6	157.6	157.6	157.6	141.61	101.6
Additional Paid-In Capital	655.18	655.18	655.18	655.18	403.92	450.08
Retained Earnings	660.96	633.75	561.02	569.43	523.26	552.31
Treasury Stock	-	-	-	-	-	-6.16
Comprehensive Income & Other	9.02	8.41	7.03	4.96	4.23	3.08
Total Common Equity	1,483	1,455	1,381	1,387	1,073	1,101
Minority Interest	7.53	4.61	18.74	22.65	17.6	14.73
Shareholders' Equity	1,490	1,460	1,400	1,410	1,091	1,116
Total Liabilities & Equity	2,380	2,330	2,357	2,110	1,946	1,877
Total Debt	121.44	96.86	165.55	70.62	101.62	65.03
Net Cash (Debt)	372.24	359.09	722.7	759.12	570.93	649.69
Net Cash Growth	-42.64%	-50.31%	-4.80%	32.96%	-12.12%	-26.28%
Net Cash Per Share	2.33	2.27	4.91	5.10	3.94	6.38
Filing Date Shares Outstanding	160.04	156.41	157.6	157.6	141.61	142.25
Total Common Shares Outstanding	160.04	156.41	157.6	157.6	141.61	142.25
Working Capital	289.32	251.56	554.57	811.68	602.09	714.03
Book Value Per Share	9.26	9.30	8.76	8.80	7.58	7.74
Tangible Book Value	1,373	1,344	1,264	1,263	941.21	959.81
Tangible Book Value Per Share	8.58	8.59	8.02	8.01	6.65	6.75
Buildings	-	-	245.63	245.63	245.63	244.87
Machinery	-	-	141.92	106.51	93.7	83.4
Construction In Progress	-	-	362.09	203.98	100.51	16.2
Order Backlog	-	-	1,368	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.